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SB 3028 SD2 HD1

Hawaii - Session 2026

Senate in_committee 2026-03-20
Bill Details

Title: Conveyance Tax; Dwelling Unit Revolving Fund; Infrastructure Funding; County-Designated Transit-Oriented Development; Hawaiian Home Lands Infrastructure and Housing Special Fund; Special Land and Development Fund; Land Acquisition; Trails; Appropriation

Summary

Restructures the conveyance tax to a marginal rate system for the sale of properties with residential use, adjusts the tax for multifamily properties to reflect value on a per-unit basis, and applies a cost-of-living adjustment to conveyance tax rates. Allocates a portion of conveyance tax collections to the Dwelling Unit Revolving Fund, Hawaiian Home Lands Infrastructure and Housing Special Fund, and Special Land and Development Fund. Establishes and appropriates funds out of the Hawaiian Home Lands Infrastructure and Housing Special Fund. Effective 7/1/3000. (HD1)

Sponsor
Chris Lee
Official Source Back to Bills
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Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-03-20 Status in_committee
2026-03-20 Latest Action Reported from HSG (Stand. Com. Rep. No. 1310-26) as amended in HD 1, recommending passage on Second Reading and referral to WAL.
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